Crypto Exchange Binance Adds Support for Optimism

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Binance, the largest cryptocurrency trading platform, announced the completion of work on the integration of a second-level solution for the Optimism Ethereum network.

Now, reported on the exchange website, users can make deposits in ETH through the Optimism solution. To do this, they will simply need to select the Optimism network on the top-up page. Support for Optimism will speed up the process of depositing ETH on the Binance exchange, as well as save on commissions, representatives of the site assure.

At the same time, the withdrawal of ETH coins through the Optimism network is currently disabled. However, as soon as a certain amount of ETH is accumulated in the Binance wallet on this network, withdrawal will be enabled automatically.

The full launch of the Ethereum scaling solution Optimism took place at the end of last year. According to the DeFiLlama service, $289 million is now blocked in the solution, and most recently the figure reached $500 million. At the end of April, the developers of the solution introduced a new protocol governance structure and a governance token called OP.

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Source: Bits

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